Forwarders eyeing higher costs as China cuts subsidies for rail freight
Europe-bound Chinese rail freight is expected to become a whole lot more expensive as Beijing ...
Eurasian rail freight services continue to expand, as volumes between Azerbaijan and Iran surge and China, Kazakhstan and Russia plan a new hub.
The director general of Iran’s North Railway Administration, Gholam-Hossein Valadi, told news outlets freight on the Iran-Azerbaijan line had climbed 28% in the 11 months to February, and he had expectations for full-year growth outstripping 2022’s record year.
Mr Valadi said that between March 2023 and February 2024, some 645,000 tonnes had travelled by rail between the two countries ...
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